Gbp/Usd : 16/03/2015 Technical Analysis Report
16th March 2015
CFX Admin
Our Preference: Sell below1.4820 with target of 1.4730 .
Alternative Scenario: Nill
Technical Commentary:
In weekly chart :- Last week GbpUsd was closed below last 2 years low of year 2013,so its confirming that for selling trend so be caution on buy side, without stoploss don’t enter, so we can sell near the major key resistance of 1.4800 levels :- We have shown in image.
In daily chart :- Gbp/Usd was broken last 2 years low and closed below key support level 1.4820 :- We have shown in image.
In 4 hour chart and 1 hour chart Gbp/Usd was trading in the equidistant channel with intraday upper trend line, So we can sell near upper trend line :- We have shown in image.
Eur/Usd : 16/03/2015 Technical Analysis Report
16th March 2015
CFX Admin
Our Preference: Sell positions below 1.0620 for the target of target 1.0560 in extension.
Alternative Scenario: Untill Weekly closing
Technical Commentary: In weekly chart, Eur/Usd broken 10years low and still its moving selling trend so be caution on buying side upto weekly closing,
In Daily chart, Eur/Usd was trading in the selling trend with upper trend line and key resistance 1.0700 level and its trading below 10 years low,
In 4 hour chart and 1 hour chart, Eur/Usd was trading in equidistant channel lines below key resistance level so we can sell near intraday resistance level:- We have shown in image.
Eur/Jpy : 12/03/2015 Technical Analysis Report
12th March 2015
CFX Admin
Our Preference: Sell below 132.30 With tight Stop loss of 131.70 for the target of 133.00.
Alternative Scenario: Nill
Technical Commentary: In weekly chart :- Eur/Jpy was reached last year low and reached major key support level so we can except some correction from here
In Daily chart :- Eur/Jpy was trading in the equidistant channel line and now trading in near lower channel line 127.50 so we can except some correction from here :- We have shown in image.
In 4 hour chart & 1 hour chart, Eur/Jpy was trading in the new equidistant lines, we can sell major key resistance line.
Usd/Chf : 12/03/2015 Technical Analysis Report
12th March 2015
CFX Admin
Our Preference: Buy above 1.0050 with target of 1.1120 in extension
Alternative Scenario: Nill
Technical Commentary : In daily chart, Usd/Chf was trading in the new equidistant channel lines and again its broken key resistance level 1.0030 now its moving towards upper .
In 4 hour chart,Usd/Chf was trading in the new equidistant channel lines and moving towards upper channel line and we can buy near key support level 1.0050, In 1 hour chart, Usd/chf was trading in the intraday equidistant channel lines now its trading in the lower channel line so we can buy near lower support lines with stoploss :- We have shown in image.
Xau/Usd : 12/03/2015 Technical Analysis Report
12th March 2015
CFX Admin
Our Preference: Sell below 1170 with target of 1160 & 1155 in extension and stoploss above 1190.
Alternative Scenario: Nill
Technical Commentary: In Weekly chart :- 1.gold was broken lower trend line,
2 last week closed below lower trend line
3.Still trading below last week low and major key support level
In Daily chart and gold was bounce back from key support level 1247 and now gold trading near key resistance line 1270 level, so we can sell near 1170 levels and new support was forming at the level of 1150 :- we have shown in above image.
In 4 hours chart, Gold was trading in Equidistance channel lines and reached lower channel line so we can except some correction upto next key resistance level, so we can sell near key resistance line with stoploss above 1190 level :- we have shown in above image.
In 1 hour chart, Gold was trading in the equidistant lines and broked the key resistance level of upper trend line @ 1165 level:- we have shown in above image.
